The Biden administration has provided more details on how the $2.5-billion Charging and Fueling Infrastructure (CFI) Discretionary Grant Program will be disbursed over five years. The first round of funding offers up to $700 million in fiscal years 2022 and 2023. The CFI grant program is a part of the Bipartisan Infrastructure Law (BIL), which… Read more »
Search Results Found For: "Lion Electric"
Mercedes-Benz announces plans for its new eSprinter electric van
Mercedes-Benz has announced that production of the electric version of its popular Sprinter van will start in the second half of 2023, in both North America and Europe. The new eSprinter is set to launch in the US and Canada in the second half of 2023, and the market launch in Europe will follow towards… Read more »
CEC provides $30 million in incentives for shovel-ready EV charging projects across California
The California Energy Commission (CEC) has launched a $30-million incentive project to bring fast EV charging stations to 30 counties in Eastern California, the Central Valley and the Central Coast. The Golden State Priority Project, a part of the California Electric Vehicle Infrastructure Project (CALeVIP), focuses on bringing fast charging stations to disadvantaged, low-income and… Read more »
Electra Vehicles raises $21 million for its battery pack optimization software
Boston-based Electra Vehicles produces cloud-based and onboard software designed to optimize the performance of EV battery systems. The company recently raised $21 million in an oversubscribed investment round led by Italian VC firm United Ventures. Other investors include Stellantis Ventures and BlackBerry Limited. Electra says its software solutions improve battery pack range, lifetime and safety… Read more »
Volvo CE investing in electric wheel loaders
Volvo Construction Equipment (Volvo CE) reports that, as part of its efforts to become fossil-free by 2040, it is investing SEK65 million, or about $6.3 million, in the production of electric wheel loaders at its plant in Arvika, Sweden. Volvo CE says its plans for the facility, which will specialize in the production of medium… Read more »
GM and Lithium Americas to develop lithium production through $650-million investment
General Motors and Lithium Americas plan to jointly invest in the development of the Thacker Pass mine in Nevada, which the companies call “the largest known source of lithium in the US.” GM plans to use lithium carbonate from Thacker Pass in its proprietary Ultium battery cells. As part of the deal, GM will make… Read more »
ABB E-mobility delivers millionth EV charger
ABB E-mobility has announced the delivery of its one-millionth electric vehicle charger. The 2022 launch of ABB E-mobility’s new $30-million, 16,000-square-meter production facility in Valdarno, Italy completed a doubling of the company’s production capacity over the last two years. The manufacturing site can produce one DC fast charger every 20 minutes thanks to its seven… Read more »
Automobili Estrema’s electric hypercar does 0-200 mph in 10 seconds
The area around Modena, Italy has a long history of producing some of the world’s most famous and prestigious cars. A new resident of this storied region is Automobili Estrema, which was founded in 2020 by industry veteran Gianfranco Pizzuto, and counts several other illustrious automotive professionals among its execs. For its first product, the… Read more »
Solaris to supply Bucharest, Romania with 100 electric trolleybuses
Solaris, a Polish producer of public transport vehicles, has announced that the Romanian Municipality of Bucharest has executed a contract for 100 Solaris Trollino 12 trolleybuses, with a base contract value of nearly €60 million. The vehicles are expected to arrive in Bucharest at the end of 2024. Each 12-meter trolleybus is to be powered… Read more »
Billions of bucks for US battery plants announced in 2022
Electrifying transportation is going to require beaucoup batteries, and for a raft of reasons, those batteries need to be built near the vehicle markets they serve (not shipped halfway around the world, as is often the case today). The Biden Administration’s Inflation Reduction Act includes incentives for automakers to source their batteries here in the… Read more »
